SUI has retraced into a major support zone that has historically provided strong bullish reactions. We're watching the $1.45–$1.50 range as a key accumulation area for a laddered long spot position.
📈 Trade Plan:
Entry Zone: $1.45 – $1.50
Take Profit Targets:
• TP1: $1.65 – $1.95
• TP2: $2.20 – $2.50
Stop Loss: Below $1.30 (invalidates support structure)
This setup offers a favorable risk-reward profile as long as the $1.30 level holds. Watching closely for volume confirmation and potential bullish divergence before fully sizing in.
📈 Trade Plan:
Entry Zone: $1.45 – $1.50
Take Profit Targets:
• TP1: $1.65 – $1.95
• TP2: $2.20 – $2.50
Stop Loss: Below $1.30 (invalidates support structure)
This setup offers a favorable risk-reward profile as long as the $1.30 level holds. Watching closely for volume confirmation and potential bullish divergence before fully sizing in.
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